Engineering firm Morgan Tucker is looking to buy other engineering firms and potentially double its workforce after receiving a £1M cash boost from a regional fund designed to help businesses in Nottinghamshire.
The firm, which already has around 100 employees, is to use the money to recruit more staff in the region and acquire complementary consulting engineers firms in the North West and the Midlands.
Managing director Matthew Tucker said: “We have grown both organically and, through acquisition and with additional funding, we can now look further to expand our market share nationally and internationally.”
The Newark-based company provides specialist highway, transport and infrastructure engineering design services to both the public and private sectors. Recent projects include design and deliver freight logistics for the London Olympic Park.
The money was from Foresight Nottingham Fund, which has £40m to grow businesses in the county.